Discussion Forums > Technology
$32 million Crowd Funding for Android/Ubuntu phone
kitamesume:
you dont even realize that the funds of the business and your pocket money is the same and you own both.
thats why you can't charge embezzlement against a person who owns the business.
edit: think of it this way, when you're starting a business from scratch where is the asset coming from?
Gh0st93:
--- Quote from: kitamesume on August 13, 2013, 07:42:50 PM ---you dont even realize that the funds of the business and your pocket money is the same and you own both.
thats why you can't charge embezzlement against a person who owns the business.
--- End quote ---
Ok I seriously just think you're messing with me now...
kitamesume:
what?
you "own" the business -> so you "own" its funds -> its your money
then if its your money -> same as your pocket money
Gh0st93:
--- Quote from: kitamesume on August 13, 2013, 07:49:29 PM ---what?
you "own" the business -> so you "own" its funds -> its your money
then if its your money -> same as your pocket money
--- End quote ---
No you really should keep the two separate so that if the company goes under and they seize the company's "Assets" they won't take your money also I.e. you use the same bank accounts, put your money in bonds under it's name, etc. Now if we are talking net worth then yes if memory serves me right (from my business classes) then yes if you are the sole owner of the company you can add it to your net worth, If you do not have sole ownership figure out what percent you own then divide that percent from the company's net worth the answer is what you own of the company.
kitamesume:
oh so you do understand how business works, so why aren't you understanding how investment works?
PS: business and company are two different terms.
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version